It’s been a little over a year since I decided to actually pay attention to my hobby business and the results are in. I’ve been on and off flipping thrift store stuff since I was a teenager (35 now). With the encouragement of a good friend, I decided to make 2016 my benchmark. Financially, Etsy, my newest channel saw the most dramatic growth at roughly 500% YOY for January. Ebay is up roughly 20% YOY for January.
One metric that I regret not tracking is listing count at the beginning and end of the month. Focusing on getting more listings up every week drove the annual growth of both platforms but most substantially on Etsy. Timing is hilarious. Right when I hit the one year mark, Gary Vaynerchuk came out with the #2017FlipChallenge which is awesome! I’m psyched to hit his numbers in 2017. This year really opened my eyes to what taking yourself seriously, combining tribal knowledge with passion and inserting a spreadsheet can do to your self esteem, savings account and future brand. Check out his video below, its all possible!